QUANTUM X LABS INC. Income Statement
QXL|11 years of annual SEC 10-K data (FY2011-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 11 fiscal years. All figures from audited SEC 10-K filings.
QUANTUM X LABS INC. reported $27M in revenue and $7M in net loss for FY2024. Revenue has grown at a 154.6% compound annual rate over the past 5 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.15 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.9M | $96.6M | $45.2M | $96.0K | $208.0K | $252.0K | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | - | - | - | $5.0K | $2.0K | $75.0K | - | - | - | - | - |
| Gross Profit | - | - | - | $91.0K | $206.0K | $177.0K | - | - | - | - | - |
| SG&A Expense | $2.9M | $2.2M | $1.4M | $437.0K | $720.0K | $317.0K | -$116.9K | $41.2K | $40.5K | $40.4K | $50.5K |
| R&D Expense | $2.9M | $3.3M | $2.4M | $108.0K | $233.0K | $258.0K | $0 | - | - | - | - |
| Operating Income | -$7.5M | $2.7M | $541.0K | -$454.0K | -$1.0M | -$578.0K | - | - | - | - | - |
| Interest Expense | $87.0K | $143.0K | - | - | - | - | -$5.6K | -$10.2K | $10.2K | $6.4K | $4.2K |
| Income Tax | -$66.0K | $153.0K | $90.0K | $2.0K | $15.0K | $15.0K | - | - | - | - | - |
| Net Income | -$7.3M | $28.0K | $300.0K | -$443.0K | -$1.1M | -$575.0K | -$105.0K | -$51.4K | -$50.7K | -$46.8K | - |
| EPS (Basic) | $1.97 | $0.00 | $0.02 | - | - | - | - | -$0.12 | - | - | - |
| EPS (Diluted) | $1.97 | $0.00 | - | $0.01 | -$0.08 | -$2.11 | -$0.01 | - | - | - | - |
| Shares Outstanding | 3.7M | 14.8M | 14.8M | 34.8M | 31.2M | 273.0K | 7.3M | - | - | - | - |
| Gross Margin | - | - | - | 94.8% | 99.0% | 70.2% | - | - | - | - | - |
| Operating Margin | -27.7% | 2.8% | 1.2% | -472.9% | -482.7% | -229.4% | - | - | - | - | - |
| Profit Margin | -27.2% | 0.0% | 0.7% | -461.5% | -537.0% | -228.2% | - | - | - | - | - |